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Sony has completed its $3.6 billion acquisition of Bungie.

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The creator of the enormously popular Halo franchise and the Destiny developer.

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Bungie released the Destiny game in 2013, which became a tremendous success.

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The Sony-Bungie acquisition escaped antitrust examination, but Microsoft's $68.7 billion acquisition of Call of Duty creator Activision Blizzard is being investigated in the United States, the United Kingdom, and South Korea.

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Halo was a landmark title for Microsoft Xbox; however, after a few sequels, Bungie was split into its own business.

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Sony announced intentions to launch more than ten new live service games by March 2026, after the acquisition of Bungie.

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Matter, Bungie's upcoming IP, is said to be a "multiplayer action game" featuring "character-based" gameplay.

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Bungie said last year that its next IP would be released before 2025. However, it is only one of the ten games.

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Eurogamer reports that there are indications of many more in the works.